Chinese electric vehicle manufacturers have been increasingly looking towards Mexico as a promising market to sell their high-tech cars, especially since they have been blocked from entering the U.S. market due to tariffs. The affordability of Chinese EVs, such as the Dolphin Mini by BYD, has attracted Mexican customers who may have been initially wary
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Remote work has become a major trend in the U.S. labor market, especially during the Covid-19 pandemic. Economists have noted that the work-from-home revolution has been one of the significant shifts in the labor market in recent decades. According to Nick Bunker, the economic research director for North America at job site Indeed, remote work
Australia’s bank regulator, the Australian Prudential Regulation Authority (APRA), has taken decisive action against ANZ, the country’s third-largest lender. In response to suspected misconduct at ANZ’s bond trading unit, APRA has increased the amount of spare cash that ANZ must keep on hand. Initially imposed in 2019 as a A$500 million capital add-on, the regulator
Perplexity AI, an artificial intelligence startup, has recently come under fire for accusations of plagiarizing content from various media outlets. This controversy has raised concerns about the company’s practices and ethics, particularly in relation to how it sources and presents information to its users. Reports from Forbes and Wired highlighted instances where Perplexity was found
Canada’s economy is facing a significant threat as a railway stoppage continues to persist, causing concerns among economists and analysts. The potential impact of this stoppage on the nation’s GDP could be disastrous if it extends beyond a week. According to Pedro Antunes, chief economist at the Conference Board of Canada, a two-week strike could
The pre-market trading session has seen some interesting movement from a variety of companies. Crocs, for example, experienced a slight uptick of more than 1% after an upgrade to buy from hold at Williams Trading. Agilent Technologies also saw its shares rise by more than 2% following the release of their fiscal third-quarter results that
Chinese electric vehicle maker BYD is currently in the process of selecting a location for its manufacturing plant in Mexico. The company has narrowed down its list of finalists to three states and is carefully reviewing the proposed incentives offered by each state. These incentives include fiscal benefits, land access, management incentives, and preferential pricing.
On September 5, U2 fans will have the opportunity to witness something truly special. V-U2: An Immersive Concert Film at Sphere Las Vegas is set to debut on that day at the cutting-edge venue where it was filmed. Directed by Morleigh Steinberg and The Edge, one of the founding members of the band, this film
As we head into the final stretch of the summer season, the Hollywood box office is heating up with several highly anticipated films set to hit the big screen. Disney is once again expected to dominate the box office with its latest offering, Alien: Romulus from 20th Century Studios. With a running box office of
The landscape for Paramount Global’s future has become increasingly uncertain as competing bids have emerged. The special committee overseeing Paramount’s affairs announced an extension of the “go shop” period by 15 days to consider a new offer from Edgar Bronfman Jr. Initially, Bronfman had put forth a $4.3 billion bid for Shari Redstone’s National Amusements,